tata

UK Govt financial package may help Tata Steel UK narrow losses: Report – ET Infra

Tata Steel The UK government‘s 500 million pound financial package to Tata Steel UK is expected to narrow the steel maker‘s losses on the back of lowered production and environmental compliance costs, according to CreditSights. Tata Steel‘s credit profile could remain resilient even amid lacklustre steel price dynamics, aided by strong captive iron ore resources, […]

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Britain in talks with Tata Steel over $629 million aid package – ET Infra

The British government is in advanced talks with Tata Steel, the country’s biggest steel producer, to provide 500 million pounds ($629 million) of funding to help secure the long-term future of a key part of its steel industry, Sky News reported on Saturday. The funding would be pumped into the Port Talbot steelworks in south

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Dutch group threatens lawsuit over Tata Steel pollution – ET Infra

THE HAGUE: A Dutch foundation representing at least 1,400 people took the first steps Thursday toward a lawsuit against steel giant Tata, alleging it is responsible for pollution near Amsterdam that has caused illnesses for residents. Tata Steel‘s massive plant at the mouth of the IJ river west of the capital has come under increasing

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Fate of Tata’s UK steel business hinges on government support – ET Infra

The fate of Tata Steel‘s UK business hangs in the balance as talks continue with the Rishi Sunak government over the quantum of government support, said people with knowledge of the matter. To be sure, the British Prime Minister has assured Tata group that the government will sweeten its earlier subsidy offer to modernise and

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